The GBPAUD pair has been trading within a long-term Channel Down pattern since the start of 2022 and most recently (October 17 and 28) it hit its top (Lower Highs trend-line). This has turned the short-term price action into a smaller Channel Down (red), which is loosely supported by the 1D MA200 (orange trend-line) and resembles the pattern of January 28 to...
British Pound/New Zealand Dollar was able to make a Head and Shoulders Pattern near the important trend line. I expect the British Pound/New Zealand Dollar will go down to the target of the pattern = Support line. 🔅British Pound/New Zealand Dollar Analyze ( GBPNZD ) Time frame 4H⏰. Do not forget to put Stop loss for your positions (For every position you want...
The GBPCAD price is in Bearish Rising Wedge & Double TOP Pattern 🧐 The neckline is broken 🔥 the support line of the rising wedge is broken 🔥 so, i predict a bearish move 📉 i'm waiting for a pullback 📈 TARGET: 1.51932🎯 ... if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
The British pound edged above $1.12 recouping some losses from the previous session The Bank of England’s emergency bond-buying scheme, which was used to cover pension funds caught up in the market chaos sparked by the tax cuts announced last month, I think by Wed or Thursdays we will see price starting to fallin we are monitoring GBPUSD for a selling opportunity...
The EURGBP pair has been trading within a Bullish Megaphone pattern since the March 07 Low, made around the strong aggression in the Ukraine - Russia war. Within this pattern, the 1D MA50 (blue trend-line) has been acting as a pivot in its middle since the beginning, while the 1D MA200 (orange trend-line) has been more of a Support near the bottom (Higher Lows...
British Pound/U.S.Dollar was able to break the upper line of the Falling Wedge Pattern. I expect the British Pound/U.S.Dollar will go UP at least to the resistance zone. We can even see a Pennant Pattern on the British Pound/U.S.Dollar, a 15min timeframe chart. 🔅British Pound/U.S.Dollar ( GBPUSD ) Timeframe 15min⏰. Do not forget to put Stop loss for your...
Here are my signals for today, it seems seller momentum has picked up and I am expecting a weekly close lower.
British Pound/Japanese Yen made one of the expected correction patterns at the weekly timeframe. The name of this pattern is Expanding Flat (3-3-5). British Pound/Japanese Yen was able to complete the Expanding Flat in the resistance zone, and I expect that it will go down at least to the trend line and targets that I showed in my chart. 🔅British Pound/Japanese...
Hi one earth do you expect to manage a country if you are a Seagull manager? Being a Prime minister is the ultimate form of being a 'manager'. Unfortunately for Liz and for the British economy she ended up being a seagull manager: ''A manager who flies in, makes a lot of noise, craps on everything, and then leaves.'' The Pound might finally see rally after...
The recent volatility on the GBPJPY pair has been extreme. This price action can only be traded on the long-term by taking break-out positions on key Support and Resistance levels. As you see, the long-term trend has been a Channel Up ever since the March 2020 COVID bottom. Recently, the 148.600 - 149.000 Support Zone that has been holding since March 24 2021,...
The British Pound/ Swiss Franc moved as I expected 👇✅ I expect the British Pound/ Swiss Franc will go down until the support zone. 🔅British Pound/ Swiss Franc Analyze ( GBPCHF ) Timeframe 2H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see...
Good Evening, Despite of the meetings the European Central Bank did and especially Bank of England in which it raised the inflation recently, we need to talk in technical analysis language and in an easy simplified language in which traders out there can claim what's going on. So here are the key points: - There is bearish order block set in 0.87081 level which...
The GBPUSD pair got rejected on Friday quite heavily on a Lower Highs trend-line that started on August 26 (dashed line) and had since 3 rejections. The long-term pattern is a Bearish Megaphone since the February 21 High and as long as the price remains below the 1D MA50 (blue trend-line), every rebound is a sell opportunity. Only a break above the 1D MA100 (green...
The British Pound/ Swiss Franc was able to complete wave 4 near the trend line. I expect the British Pound/ Swiss Franc will go up until the 🎯targets🎯 that I specified in my chart. 🔅British Pound/ Swiss Franc Analyze ( GBPCHF ) Timeframe 2H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy,...
The GBPUSD price is in Weekly Resistance Level and Resistance Trend Line 🧐 the key level is broken 🔥 i predict a bearish move 📉 i'm waiting for a pullback 📈 TARGET: 1.06856 🎯 ... if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
British Pound/U.S.Dollar moved as I expected ✅👇 British Pound/U.S.Dollar is making the Zigzag correction while it seems the end of wave A was completed by Double Bottom Pattern. I expect the British Pound/U.S.Dollar will go up until the target that you can see in my chart. 🔅British Pound/U.S.Dollar ( GBPUSD ) Timeframe 1H⏰. Do not forget to put Stop loss for...
Yesterday, British Pound moved as I expected ✅👇 British Pound was able to complete wave 5 near the resistance zone, and I expect it will go down at least to the end of wave 4. 🔅British Pound/U.S.Dollar ( GBPUSD ) Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just...
The GBPUSD price is in Daily Resistance Level and Resistance Trend Line 🧐 i predict a bearish move 📉 i'm waiting for breakout and retest on key level (Sell confirmation) TARGET: 1.06856 🎯 ... if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!